The government rejected all bids for its long-term debt papers on Tuesday, Oct. 31, after investors sought higher yields. The Bureau of the Treasury rejected all bids for the reissued 10-year debt papers. These IOUs were initially issued on Jan. 10, 2019, and still have a remaining life of five...
Benchmark yields for short-term loans were significantly higher this week amid the policy rate increase forcing the Bureau of the Treasury to partially borrow. At Tuesday's auction of Treasury bills on Oct. 31, the national government raised a total of P12.75 billion, below the P15 billion program....
The national government's debt stock had decreased in September compared to the previous month due to repayments made to both local and foreign creditors, the Bureau of the Treasury reported on Tuesday, Oct. 31. The government's outstanding debt as of September stood at P14.269 trillion, a decline...
State-run National Housing Authority (NHA) received the largest subsidy support from the national government in September this year to aid its goal of ensuring the country’s housing programs, data from the Bureau of the Treasury showed. The national government gave away P21.26 billion in...
The Marcos administration increased its domestic borrowing program for November, data from the Bureau of the Treasury showed on Wednesday, Oct. 25. In a memorandum posted on the Treasury website, the bureau stated that the national government aims to borrow P225 billion from the domestic market...
President Marcos' economic team will reevaluate its growth targets after the "Undas" holiday break due to underspending in some government agencies and risks associated with the Hamas-Israel conflict. National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon said a special...
The Bureau of the Treasury reported that the Marcos administration's budget deficit fell well below the ceiling in the first nine months of the year due to higher-than-expected revenues. From January to September, the national government incurred a fiscal gap of P983.5 billion, 11 percent lower...
The government has made a full award of the reissued 10-year Treasury bonds (T-bonds) that fetched an average interest rate of 6.954 percent. On Tuesday, Oct. 24, the Bureau of the Treasury raised P30 billion through an auction of reissued T-bonds with a remaining life of nine-years and 10-months....
The national government failed to sell its short-term debt papers as investors pushed anew for higher returns for the fifth consecutive week. The national government fell short of raising its P15 billion target, managing to raise only P14.26 billion. The total bids received during the auction...
Government borrowing declined in August with fewer loans borrowed from local lenders, data from the Bureau of the Treasury showed. According to the Bureau of the Treasury, government borrowing in August amounted to P124.06 billion, lower by 7 percent than the P133.34 billion recorded in the same...
The government's portion of the income generated by the Philippine Amusement and Gaming Corp. (Pagcor) increased by 40 percent in the first eight months of the year. According to the Bureau of the Treasury's report, the government's gaming regulator and operator contributed P21.59 billion in...
The Bureau of the Treasury made a full-borrowing on Tuesday, Oct. 17, even though the interest rates on seven-year debt had risen amid expectations of tightening from the Bangko Sentral ng Pilipinas (BSP). During an auction, the government successfully raised the planned P30 billion through the...
